The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1887-03-31
A PERFECT SYSTEM OF
LIFE INSURANCE.
Combining Strength, Economy,
Stability, Perpetuity. Northwest
ern Guaranty Life Insurance
Company, st. Paul, Minnesota.
Trustee, st. Paul Trust Com
pany. To all Persons Interest
ed in Life Insurance.

~6oAiAos ohy oluCT luSdIduCe COIupdHy
and will not permit itself TO do them |
any injustice, but it decidedly refuses
to be classed with the ordinary, So
called, cooperative or assessment
Life Insurance companies. 1t is a
cooperative and an assessment com
pany, but its system is so different
from ordinary companies as to consti-
tute class by itself. Ii claims-and
it can justify the claim be unsur-
passed in the security, equity and
economy of the insurance which it
gives.
We have had no experience as
yet on which to base an estimate
of cost. Any intelligent business man
will readily understand that when the
mortuary and expense accounts are
entirely separate and distinct, the
mortuary assessment will be only
and exactly the mathematical proper
ton of death losses.
If our company is equally
careful in the selection OF risks, and
the residences of members are equally
healthy as regards climate, no COM
pany can possibly insure at lower
rate than We do and be safe. Every
man who thinks for himself will
promptly see this. The claims of the
Northwestern Guaranty Life Insur-
ance company are:
1st.-As low a ratio of expenses
which is absolutely limited to the
amount of annual dues as is practi-
cable and makes extravaganza in cost
Of management impossible. This
claim is no sham but reality.
2d.-Only such assessments as are
strictly IN accord with the mathe-
NAUTICAL liability and the actual losses
as they occur on carefully selected
risks.
3d.-Such provision in the
guaranty fund and reserve fund as
insures payment in full from the be
ginning and for all coming time of
every policy in force, when it be-
comes a claim and makes a certain
provision against excessive and ex-
ceptional mortality. .
4th.-Such a disposition of all
guaranty and assessment funds as
makes it impossible for one dollar OF
the funds contributed on guaranty
fund or on assessments to be lost
through the extravaganza, mis-
management or dishonesty of the
managers or agents of the insurance
company, or of any one of them.
All payments on account of
guaranty funds or assessments are
made direct to the Saint Paul Trust
company, as trustee, who alone are
responsible to the members Tor every
dollar received.
Other things being equal, this fea-
ture and provision should compel
every intelligent business man, and
every one acquainted with the his
tory of life insurance IN the United
States during the last fifteen years to
admit and appreciate the supreme i'm
portauce of this arrangement.
In this last distinguishing feature.
we give security to the policy hold
er never before attempted or offered
In insurance.
The assessments of the Northv vest
ern Guaranty Life Insurance cor apan,
for the year are simple comp atation:
of the maximum average me ,rtality a
the respective ages accor5 ing to the
American Table with IS Is per CEN
added to make assuranr; e doubly sure
For example, lat age OF Al the death pc
1000 by the Amer lean table woult
be 1o.I annually. The actual expert
ence OF insurance., companies is from
10 to 20 per cent below that. Take
the minimum. of difference, say 1e
per cent, and that would reduce tc
about nine (9) per one thousand
This would require at the full average
nine (9) assessments Of one dollar
each to pay one thousand dollars on
each loss. Now we commute these
possible assessments of nine CO. al
one dollar each to the maximum Of a
possible four Cd at three dollars each
in one year, or possible twelve dol
lars against the average nine dollars
In addition to all this special security
tor full payment, we have the guaran
ty fund, which is far more than ade.
quate to cover all contingencies o
extra mortality in the early stages o
new company.
If on the basis of the guaranty and
reserve funds and the assessment
rates the Northwestern Guaranty Life
Insurance company is not safe and
able to pay its losses, no company in
the United States is safe. The best
general agents of the old line com
panies admit our safety. Your appli-
cation for membership, and liberal
share of the patronage of the insur.
ing public is earnestly solicited.